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Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.' Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should.
Despite being in the age of tech-stock blue-sky investing, many investors still adopt a more ...
>>> Read more: Do Perseus Mining's (ASX
RU) Earnings Warrant Your Attention?
Despite being in the age of tech-stock blue-sky investing, many investors still adopt a more ...
>>> Read more: Do Perseus Mining's (ASX
RU) Earnings Warrant Your Attention?